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RBA announces emergency rate cut

The central bank has pulled its emergency lever, pre-emptively cutting the cash rate to a historic low in response to the ...

Baird to exit NAB, interim replacement announced

The big four bank has announced that the head of its retail bank has resigned from his post.

Big four move in tandem with RBA, slash rates

A host of lenders, including the major banks, have reduced their mortgage rates in response to the Reserve Bank’s fourth cut ...

RBA unveils market-defying rate verdict

The central bank has surprised markets after announcing its monetary policy decision.

APRA confirms expansion of mortgage reporting regime

The prudential regulator has announced that it will commence publishing more “in-depth” home lending statistics collected ...

HSBC appoints new Australian CEO

The non-major bank has appointed a new chief executive officer of HSBC Bank Australia Ltd, taking over from interim chief ...

Westpac appoints new chairman

The major bank has announced that a former ANZ CEO will become the successor to its outgoing chairman, Lindsay Maxsted.

ING appoints new chair

The non-major has appointed the former chair of APRA to head up its board.

Bank CEO announces resignation

The managing director and chief executive officer of MyState Ltd has announced his resignation and is to leave the company in ...

Westpac hit with class action after AUSTRAC allegations

Phi Finney McDonald has commenced a class action against Westpac on behalf of  shareholders that acquired shares in the bank ...

Major bank announces leadership change

The board of ANZ Bank New Zealand has appointed Antonia Watson as CEO.

ASIC takes NAB to court over fees for no service

The financial services regulator has commenced civil penalty proceedings against NAB after alleging that it has ...

APRA launches probe into major bank

The prudential regulator has commenced an investigation into a big four bank to identify possible breaches of the Banking Act ...

UBank CEO joins Suncorp

A lender has announced the appointment of a new chief executive officer.

APRA grants RADI licence to new entrant

The prudential regulator has granted a restricted banking licence to a Sydney-based challenger bank.

ASIC releases new responsible lending guidance

The corporate regulator has published the revised version of its long-awaited responsible lending guidance.

Cold-call CCI sales to be banned next year

A ban on unsolicited “cold call” telephone sales of consumer credit insurance and direct life insurance will take effect from ...

RBA unveils pre-Christmas cash rate

The central bank has revealed its cash rate decision for December, following its monthly monetary policy board meeting.  

RBA gifts borrowers pre-Christmas rate cut

The central bank has surprised industry pundits, announcing a further cut to the official cash rate. 

Former lender CEO facing criminal charges

The former director and chief executive officer of a credit union has appeared in court facing criminal charges relating to ...

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